Rodríguez, Gloria Cuevas; Espejo, Concepción … - In: Journal of Management Studies 44 (2007) 4, pp. 536-560
This paper explains, through a field study and from an agency perspective, how monitoring and incentive alignment mechanisms change to support the interests of a privatized firm's new ownership. In this case, privatization led to important changes in the board of directors and to more formal...